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Organizations Community Improvement & Capacity Building The Community Preservation Corporation

The Community Preservation Corporation

Fiscal year ending 2021. Filed on May 4, 2022.

220 East 42nd Street 16th Floor
New York, New York 10017

The Community Preservation Corporation (EIN: 13-2792409) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2021 IRS Form 990 filing, The Community Preservation Corporation, a 501(c)(3) charitable organization, reported compensation for 62 out of 166 total employees. Among the employees shown here, the average compensation is $291,715. The highest compensated employee at The Community Preservation Corporation is Rafael E Cestero with fiscal year 2021 compensation of $1,218,338.

Revenue, expenses, and employee compensation

Revenue

$65,839,600

Expenses

$66,282,296

Employee compensation

$35,068,269
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Rafael E Cestero
President and Chief Executive Officer and Director
$1,218,338
$1,149,749 No related comp$68,589
David Rothberg
EXEC Vice President and CFO
$612,062
$548,362 $661 $63,039
John M Cannon
Executive Vice President
$584,691
$554,982 No related comp$29,709
Timothy Deegan
Vice President
$545,170
$495,215 No related comp$49,955
Sarah J Singman
Executive Vice President
$543,130
$478,811 No related comp$64,319
William C Russo IV
Senior Vice President
$536,504
$482,004 No related comp$54,500
Carolyn Au
EXEC Vice President and COO
$519,151
$462,820 No related comp$56,331
Richard A Kumro
Executive Vice President, GENL Counsel, SECY
$517,750
$456,860 $8,137 $52,753
Thomas P McGrath
Senior Vice President
$417,444
$367,805 No related comp$49,639
Elizabeth Propp
Senior Vice President
$398,113
$336,379 $22,425 $39,309
Robert L Riggs
Senior Vice President
$366,976
$305,999 No related comp$60,977
Joseph Tancredi
Vice President Chief Underwriter
$358,963
$301,960 No related comp$57,003

Benchmark Employee Compensation

Non-Employee Board Members

Alan Wiener
Director
Anders Tomson
Director
Bruce A Beal
Director
Carol M Joseph
Director
Eduardo Diaz-Perez
Director
Gary Rodney
Director
Ingrid Gould Ellen
Director
Manuel Menendez Jr
Director
Michael Hegarty
Director
Richard Roberts
Director
Steven J Weiss
Director
Todd A Gomez
Director

Contractors

Ibm Corporation
Information Technology
$681,456
Infer Solutions Inc.
Information Technology
$579,596
Cohn Reznick LLP
Accounting
$430,128
Computer Systems and Methods
Information Technology
$364,310
Mccracken Financial Solutions Corp.
Information Technology
$326,751

Mission Statement

TO COMBAT COMMUNITY DETERIORATION, PROMOTE THE GENERAL WELFARE, AND LESSEN THE BURDENS OF GOVERNMENT BY PROVIDING DEBT AND/OR EQUITY FINANCING FOR LOW & MODERATE INCOME HOUSING.

Revisions to this organization profile

May 7, 2024:
2023 The Community Preservation Corporation 990 filed
May 4, 2023:
2022 The Community Preservation Corporation 990 filed
May 4, 2022:
2021 The Community Preservation Corporation 990 filed

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